Jobless Claims Remain Low Even With Biggest Rise in a Month
U.S. jobless-benefit claims remain low despite an increase last week, with the labor market otherwise exhibiting signs of continued tightening, Labor Department data showed June 1.
June 1, 2017Japan to Finalize Strategy for Self-Driving Trucks, Delivery Drones
TOKYO — Japan aims to finalize on June 9 plans to allow package delivery by drone sometime around 2020 and the commercialization of self-driving trucks by 2022, as it scrambles to breathe new life into its corporate sector, sources told Reuters.
May 31, 2017US Pending Home Sales Falter
Housing demand unexpectedly weakened for a second month across most U.S. regions as lean inventory took a toll on affordability, putting a damper on the typically busier spring selling season, according to National Association of Realtors figures released May 31.
May 31, 2017Uber Fires Executive at Center of Self-Driving Car Legal Fight
Uber Technologies Inc. fired Anthony Levandowski, the engineer hired to lead its self-driving car efforts who is now at the center of a legal spat over the technology with Google parent Alphabet Inc.
May 30, 2017UPS Forges China Joint Venture to Tap Country's E-Commerce Boom
UPS Inc. is setting up a joint venture in China to haul more U.S.-bound goods and capitalize on booming e-commerce in the world’s most populous nation.
May 30, 2017Amazon Shares Hit $1,000, Showing Dominance of E-Commerce, Cloud
Amazon.com Inc.’s shares topped $1,000 for the first time, marking a new milestone for a company wooing investors by dominating online commerce and cloud computing.
May 30, 2017XPO Opens Logistics Hub For European Wax Center
XPO Logistics has opened a third regional distribution facility for European Wax Center, a provider of beauty products and waxing services with more than 600 locations in the United States.
May 30, 2017UPS Must Pay $247 Million to N.Y. Over Untaxed Cigarettes
UPS Inc. must pay $247 million to the state and city of New York for what a judge called the company’s egregious and prolonged failure to stop shipments of untaxed cigarettes from American Indian reservations that undermined anti-smoking efforts.
May 30, 2017Consumer Confidence Eases on Economic, Jobs Expectations
Americans this month became less upbeat about the outlook for jobs and business after sentiment reached a 16-year high two months ago in anticipation that Washington lawmakers would help recharge the economy, according to data from the New York-based Conference Board released May 30.
May 30, 2017World Distribution Services Opens Georgia Warehouse
World Distribution Services has moved into a 150,000-square-foot warehouse near the Port of Savannah, Ga., which the company said will help accommodate the growing container traffic to the East Coast.
May 30, 2017